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Nov 03, 2026 at 17:48 | Alex Kimani The war on Iran has doubled what Egypt pays for imported LNG, and Cairo is deferring cargoes into 2027 and Global Diesel Crunch Set to Last Well Into 2027 Nov 03, 2026 at 16:04 | Tsvetana Paraskova While crude oil imports in Asia have reached pre-war levels, imports of refined products remain weak as gasoline and diesel imports from the Middle East have crashed amid reduced refining… Big Oil Puts Debt Reduction Ahead of New Investments Nov 03, 2026 at 15:42 | Irina Slav The world’s biggest oil and gas companies have posted another strong quarter, with just Europe’s top six majors booking a collective $38 billion for the July-to-September quarter. Adding Exxon… Why Supplying Europe With LNG Has a Best-Before Date Nov 03, 2026 at 14:23 | Andrew Topf Canada’s proposed associate membership with the European Union is a first-of-its-kind political and economic partnership announced by Prime Minister Mark Carney and EU leaders during the October 2026 Canada-EU Summit… Trump Bombs Iran, Talks Peace, and Sends Oil Prices Tumbling Nov 03, 2026 at 10:43 | Tom Kool Brent slipped below $105 this morning following a flurry of headlines suggesting growing momentum in U.S.-Iran peace talks, only for Tehran to subsequently dismiss the reports. Why Higher Oil Prices Aren't Solving Saudi Aramco's Biggest Problems Nov 03, 2026 at 10:01 | Cyril Widdershoven The world’s largest listed oil company, Saudi Aramco, is again in the spotlight. The company’s results, released on 3 November, clearly offer an uncomfortable lesson in wartime economics. Yes, an… Africa Launches $5 Billion Energy Bank as Western Lenders Retreat Nov 03, 2026 at 08:22 | Haley Zaremba Africa needs $200 billion in annual energy investment, according to the Independent Petroleum Producers Group (IPPG). Around 600 million people across Africa lack… Brazil's Data Center Push Hinges on Gas Rules, Grid Access and a New Congress Nov 03, 2026 at 08:06 | Rystad Energy With the election settled, the presidency continuing for four more years and a newly elected Congress taking office in February, Brazil’s data center policy now hinges on execution,… Drax Unveils £20 Billion AI Data Centre Plans at UK Biomass Plant Nov 03, 2026 at 02:54 | City A.M Energy company Drax has unveiled plans to build a new data centre at the site of its North Yorkshire power plant, which uses wood as fuel. U.S. Launches Secret Strikes on Iran Ahead of Midterm Elections Nov 03, 2026 at 02:44 | RFE/RL staff The United States struck Iran's strategic Qeshm Island on November 2, US officials confirmed, in the latest in a series of previously undisclosed military operations against Iran that… Africa Launches Its Own Oil Bank as Western Lenders Retreat Nov 02, 2026 at 14:17 | Alex Kimani Africa now has a bank built to finance the oil and gas projects Western banks and development lenders have dropped under their climate commitments. Afreximbank and the African… Germany Misses Gas Storage Target as Prices Soar Nov 02, 2026 at 12:55 | Irina Slav Germany has missed its gas storage target for the start of winter. Now, the EU’s largest economy faces a difficult heating season as the European gas benchmark topped 100… Questions Mount Over Venezuela’s Biggest Oil Deal Nov 02, 2026 at 12:51 | Charles Kennedy “The biggest oil deal in world history” between the Trump Administration and North American Blue Energy Partners may not live up to the hype as the privately held and previously… Trump’s Trillion-Dollar Oil Play: A Trap For Big Oil? Nov 02, 2026 at 11:24 | Simon Watkins U.S. President Donald Trump’s core vision of the future of global oil and gas is to have as much of that supply as possible coming from his self-proclaimed ‘Americas’ region,… Sanctioned Iranian Tanker Slips Past U.S. Blockade, Delivers Cargo to China Nov 02, 2026 at 10:16 | ZeroHedge A sanctioned Iranian tanker carrying about 500,000 barrels of liquefied petroleum gas slipped past the U.S. naval blockade and delivered its cargo to China, according to United Against Nuclear Iran… 4 Energy Stocks for Midterm Elections That Could Go Either Way Nov 02, 2026 at 09:40 | Michael Kern Polls open Tuesday with prediction markets already leaning one way, as Polymarket traders were pricing a Democratic sweep of both chambers at about 71 percent Rare Iranian Strike On Vessel Hundreds Of Miles From Strait Of Hormuz Nov 02, 2026 at 09:34 | ZeroHedge Sunday saw another vessel attacked in Persian Gulf regional waters. The UK Maritime Trade Operations agency (UKMTO) reported that a ship was struck by… How Iran Just Broke the U.S. Oil Shield In Saudi Arabia Yet Again Nov 02, 2026 at 07:58 | Simon Watkins The attacks last week in Saudi Arabia’s largest oil refinery, Ras Tanura (again), by the Iran-backed Houthis (again), which pushed oil prices up (again), once more underlined the powerlessness of… The 50-Year-Old Microplastics Warning That Has Come Back to Haunt the Industry Nov 01, 2026 at 21:21 | Kurt Cobb In June 1973, during a hearing on the Watergate scandal erupting around President Richard Nixon, Sen. Howard Baker, a Republican from Tennessee, uttered Oil Refineries Become Prime Targets as Global Fuel Shortage Worsens Oil Prices No Longer Follow Headlines Europe Is Now Seriously Rethinking Its Oil Refinery Phase Down Off-Grid Solar Is Now the Cheapest Power for Nearly 400 Million People Iran Eyes $130 Oil While at Least 50 Tankers Sit Stuck in the Gulf Advertise with us Terms & Conditions The materials provided on this Web site are for informational and educational purposes only and are not intended to provide tax, legal, or investment advice. Nothing contained on the Web site shall be considered a recommendation, solicitation, or offer to buy or sell a security to any person in any jurisdiction. Merchant of Record: A Media Solutions trading as Oilprice.com